Chilean Retailer Prices Debut Bond

Feb 6, 2013

Chile’s Grupo SMU has raised $300m in its first trip to the international bond market. The acquisitive operator of supermarkets and wholesale operations received more than $1.2bn in orders for the 2020 NC4, as investors continue to put funds to work for smaller debut sales. The B2/B bond priced at par with a 7.750% coupon...